Latest Crypto News & Market Updates

Swiss Franc regains traction as USD eases from intraday highs amid stalled US-Iran negotiations

Finance　　Swiss Franc regains traction as USD eases from intraday highs amid stalled US-Iran negotiations　　The Swiss Franc (CHF) regains traction against the US Dollar (USD) on Monday, with USD/CHF pulling back after opening the week with a bullish gap as the Greenback gives up part of its earlier gains while traders continue to monitor developments in the Middle East.　　At the time of writing, the pair is trading around 0.7773 after touching an intraday high near 0.7795, though it remains up about 0.12% on the day.　　The pullback in USD/CHF appears largely technical in nature as traders partially fill the bullish opening gap. However, the US Dollars downside remains limited as fading hopes for a near-term resolution to the US-Iran conflict support safe-haven demand for the Greenback.　　The US Dollar Index (DXY), which tracks the Greenbacks value against a basket of six major currencies, is trading around 97.88 after hitting an intraday high near 98.15.　　US President Donald Trump rejected Irans response to a US-backed proposal aimed at ending the war, calling it “totally unacceptable” in a post on Truth Social.　　Irans Foreign Ministry spokesperson Esmaeil Baghaei said on Monday that Tehran was only trying to secure its rights and had offered “generous and responsible” suggestions

05-11Industry

OpenAI Just Launched a Consulting Arm to Help Companies Deploy AI

In briefThe OpenAI Deployment Company launches with more than $4 billion in committed capital and a $10 billion valuation, backed by 19 firms.OpenAI has agreed to acquire Tomoro, a U.K.-based AI consulting firm, to bring approximately 150 forward deployed engineers to the new entity from day one.The announcement came just after Anthropic unveiled a similar $1.5 billion venture with Blackstone, Goldman Sachs, and Hellman & Friedman.　　OpenAI has launched the OpenAI Deployment Company, a new majority-owned subsidiary designed to embed specialized engineers directly inside enterprises working on complex, high-stakes AI projects. The company enters with more than $4 billion in initial investment—and a $10 billion valuation—backed by 19 firms including TPG, Goldman Sachs, SoftBank, Capgemini, and McKinsey & Company.　　The model is borrowed directly from Palantirs playbook: Forward deployed engineers, or FDEs, parachute into client organizations and live inside the complexity—legacy infrastructure, compliance constraints, convoluted permissions—rather than shipping software and leaving the implementation headache to someone else.　　To staff the new entity from day one, OpenAI has agreed to acquire Tomoro, a U.K.-based applied AI consulting firm with deployments at Tesco, Virgin Atlantic, and Supercell, where its engineers built an in-game support agent serving 110 million users in 12 weeks. The acquisition brings

05-11Industry

$142 Million in New XRP Longs Just Walked Into a Double Top

Tech　　$142 Million in New XRP Longs Just Walked Into a Double Top　　XRP price rejected $1.50 for the second time in three weeks, drawing a textbook double top on the chart. Bulls answered with $142 million in fresh long bets.　　Hidden bearish RSI divergence and a 41% drop in long-term holder buying both back the charts warning. The leverage stack is sitting against every signal that matters.　　XRP Double Top at $1.50 Carries a Hidden Risk　　XRPs 12-hour chart shows a double top pattern. A double top is a bearish reversal structure where price tests the same resistance twice and fails to break through.　　The first peak printed on April 17 at $1.50. The second peak arrived on May 10 at $1.51. Both rejected near the same level, with sharp pullbacks following each test. A double top warns that buyers have lost momentum. The pattern confirms only if the neckline breaks, which sits well below the current price.　　Beneath the price action sits a second bearish signal. Hidden bearish divergence appeared on the daily RSI (Relative Strength Index) between mid-February and May 10. The XRP price made lower highs while RSI made higher highs. The RSI is a momentum oscillator that measures the speed and magnitude

05-11Industry

Goldman Sachs forecasts 4.5% gains for Chinese renminbi amid Trump-Xi summit

Tech　　Goldman Sachs forecasts 4.5% gains for Chinese renminbi amid Trump-Xi summit　　Goldman Sachs is betting the Chinese yuan has room to run. The bank projects a 4.5% appreciation against the US dollar, targeting a USD/CNY exchange rate of 6.50 by mid-2027. The catalyst: a high-stakes summit between President Trump and President Xi Jinping scheduled for May 14-15 in Beijing.　　The forecast arrives as the Peoples Bank of China appears to be laying the groundwork. On May 7, the central bank set the USD/CNY reference rate at 6.8961, a move widely interpreted as a strategic signal of controlled appreciation ahead of the talks.　　The trade math behind the forecast　　Chinas trade surplus with the US stood at $87.7 billion in early 2026. The expectation among analysts is that China may increase imports of American goods as a bargaining chip to secure favorable terms at the summit.　　Goldman Sachs is also projecting 4.5% economic growth for China in 2026. The summit discussions are expected to center on trade tariffs, economic cooperation, and export dynamics.　　Crypto markets are already reacting　　Bitcoin prices rose 2% following announcements related to the summit and Goldmans yuan appreciation forecast.　　Crypto market analysts anticipate enhanced regulatory clarity for BTC and ETH under the Trump administration, which

05-11Industry

MicroStrategy’s Latest Bitcoin Buy Is Its Smallest of 2026, and the Slowdown May Be Structural

BTC Yield reached 5.6% year-to-date in mid-April. It then jumped to 9.5% after the April mega-buy, but has since edged down to 9.4%.　　Smaller purchases no longer outrun equity dilution from ongoing ATM offerings and $STRC preferred stock issuance.　　That math, not Bitcoins spot price, now governs how aggressive MicroStrategy can be each week.　　From Accumulation to Active Management　　During the May 5 earnings call, CEO Phong Le and Saylor disclosed specific conditions under which they would sell Bitcoin for the first time. The criteria include funding $STRC dividends and tax management, when sales beat issuing new equity.　　Shares dropped roughly 3% after the comments, reflecting the symbolic break from Saylors prior absolute stance against selling.　　Well probably sell some Bitcoin to fund a dividend just to inoculate the market and send the message that we did it, Michael Saylor, via Strategy earnings remarks.　　Paired with this weeks small buy, the disclosure points to a transition from one-directional accumulation toward active balance-sheet management.　　Executives still expect to be net buyers, targeting 10 to 20 BTC bought per coin sold.　　The signals to watch in coming weeks are whether purchases recover, whether the company executes its first tactical sale, and how $STRC issuance evolves alongside its growing dividend obligations.　　The post

05-11Industry

GBP/USD Price Forecast: Buyers retain control above 200-day SMA

On the daily chart, GBP/USD retains a mildly bullish bias as price holds above the 200-day Simple Moving Average (SMA) at 1.3424 and the nearby horizontal support at 1.3500. The Relative Strength Index (RSI) around 59 suggests positive but not overextended momentum, while the Moving Average Convergence Divergence (MACD) indicator remains in shallow positive territory, hinting that upside pressure is still present but not accelerating.　　On the topside, initial resistance is located at the horizontal barrier near 1.3650, where a clear break would open the way for a more convincing continuation of the advance. On the downside, immediate support is seen first at 1.3500, with the 200-day SMA at 1.3424 providing a deeper layer of structural demand should a corrective pullback unfold.

05-11Industry

MoneySkills launches next-generation AI trading bot, ushering in the future of no-code cryptocurrency trading

The post MoneySkills launches next-generation AI trading bot, ushering in the future of no-code cryptocurrency trading appeared first on Coinpedia Fintech News　　The highly anticipated 2026 launch will bring real-time AI execution and a simplified, zero-code onboarding process to the rapidly growing digital asset market.　　MoneySkills has officially announced the launch of its fully automated AI cryptocurrency trading bot, marking a significant milestone in the development of digital asset investment in 2026. The platform aims to completely eliminate technical complexity, introducing a revolutionary “no-code” trading solution. By simplifying the user experience, MoneySkills makes it easy for novice and ordinary investors to enter the cryptocurrency market and leverage institutional-grade automation.　　MoneySkills is at the forefront of this trend, as AI-driven cryptocurrency trading rapidly transforms the way digital asset markets operate. The platforms new bots break down traditional barriers to cryptocurrency investment by eliminating the need for users to write code, build complex algorithms, or perform tedious configurations.　　Start your automated wealth growth journey with just one click　　MoneySkills distills complex quantitative strategies into a simple and easy-to-use workflow. The platform uses artificial intelligence for real-time decision-making, allowing users to seize fleeting market opportunities without constantly monitoring their screens, while eliminating the risks of emotional trading.　　Users can

05-11Industry

MoonPay Acquires Dawn Labs, Launches AI Trading Copilot for Prediction Markets

In briefMoonPay acquired AI trading startup Dawn Labs and launched Dawn CLI.The platform turns plain-English trading prompts into automated trading strategies.MoonPay said the product launches first with support for Polymarket.　　MoonPay is expanding further into AI-powered cryptocurrency infrastructure with the acquisition of Dawn Labs, a startup building autonomous trading tools for prediction markets and digital asset traders.　　The crypto payments company said Monday that it acquired the applied research lab and launched Dawn CLI, an AI-native trading product designed to let users build and execute trading strategies using natural language prompts. (Disclosure: MoonPay Ventures is an investor in Dastan, the parent company of an editorially independent Decrypt.)　　“Until now, building and running a systematic trading strategy required you to be a developer, a quant, and a portfolio manager,” Dawn Labs founder and Chief Engineer of MoonPay Labs Neeraj Prasad told Decrypt. “Dawn collapses that into a single interface. You describe what you want in plain English, and the system handles the code and execution.”　　The launch comes as prediction market platforms like Polymarket and Kalshi see sizable growth, attracting traders betting on elections, sports, economic indicators, and geopolitical events. The growth of those markets has increased demand for tools that can analyze information, automate

05-11Industry

Want SpaceX Before It Goes Public? The Pre-IPO Window May Be Closing Fast

Tech　　Want SpaceX Before It Goes Public？ The Pre-IPO Window May Be Closing Fast　　What happens when one of the worlds most watched private companies moves closer to Wall Street, but most retail investors are still outside the door？　　That question now surrounds SpaceX. Retail investors want early exposure before IPO, yet pre-IPO access is not simple. SpaceX remains a private company. There is no public SpaceX ticker, andits shares cannot be bought on normal stock apps.　　This gap has created a bigger market story. Retail investors are no longer waiting for companies to list. In fact, they want earlier awareness, better research tools, and clearer ways to follow private-market momentum before public-market hype becomes crowded.　　That is where IPO Genie enters the conversation. IPO Genie is a Web3 platform that helps users follow private-company momentum, pre-IPO signals, and early market interest through its $IPO token. 　　SpaceX Has Become the Pre-IPO Dream for Retail Investors 　　SpaceX is not just another private company. With reusable rockets, Starlink, defense work, and space-economy exposure, it represents the kind of opportunity many investors wish they had found earlier.　　But public interest does not mean easy access. SpaceX has no public ticker, and shares are usually limited to private channels,secondary markets,

05-11Industry

Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain

Blockchain　　Circle raises $222 million from BlackRock and Wall Street giants for Arc blockchain　　Circle Internet Group, the publicly listed issuer of the USDC stablecoin, pulled in $222 million through a presale of the native token for its new Arc blockchain, giving the network a fully diluted valuation of $3 billion, CNBC reported Monday.　　Andreessen Horowitz led the round with a $75 million commitment. Other participants include BlackRock, Apollo Funds, Intercontinental Exchange, the owner of the New York Stock Exchange, Standard Chartered Ventures, Janus Henderson, ARK Invest, and about half a dozen more.　　Circle is the first publicly listed company to conduct a token presale, an early sale of digital tokens before a blockchain goes live. CEO Jeremy Allaire said Arc represents Circles push beyond stablecoins into blockchain infrastructure and internet-scale financial software.　　What Arc is and how it works　　Arc Network is designed specifically for stablecoin transactions and offers features such as stablecoin gas payments and sub-second transaction finality. Its public testnet, launched last October, processed more than 150 million transactions within its first 90 days, with average settlement times of roughly half a second.　　The stablecoin issuer plans to launch a native token for its Arc Network, according to its Q3 2025 earnings release. The

05-11Industry

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